Analysts Offer Insights on Technology Companies: First Solar (FSLR), DLocal (DLO) and Datadog (DDOG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on First Solar (FSLR – Research Report), DLocal (DLO – Research Report) and Datadog (DDOG – Research Report).

First Solar (FSLR)

Barclays analyst Christine Cho CFA maintained a Buy rating on First Solar today and set a price target of $228.00. The company’s shares closed last Tuesday at $186.97.

According to TipRanks.com, CFA is ranked #6201 out of 8848 analysts.

Currently, the analyst consensus on First Solar is a Strong Buy with an average price target of $234.08, a 20.4% upside from current levels. In a report issued on May 1, Piper Sandler also maintained a Buy rating on the stock with a $195.00 price target.

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DLocal (DLO)

Barclays analyst John Coffey maintained a Hold rating on DLocal today and set a price target of $17.00. The company’s shares closed last Tuesday at $13.58.

According to TipRanks.com, Coffey is a 1-star analyst with an average return of -4.7% and a 42.3% success rate. Coffey covers the Technology sector, focusing on stocks such as Pagseguro Digital, Nuvei Corp, and Stoneco.

DLocal has an analyst consensus of Moderate Buy, with a price target consensus of $18.13.

Datadog (DDOG)

Needham analyst Mike Cikos maintained a Buy rating on Datadog today and set a price target of $165.00. The company’s shares closed last Tuesday at $116.75.

According to TipRanks.com, Cikos is a 5-star analyst with an average return of 12.4% and a 52.8% success rate. Cikos covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Tenable Holdings, and Cognyte Software.

Currently, the analyst consensus on Datadog is a Strong Buy with an average price target of $148.45, representing a 25.8% upside. In a report issued on May 8, Robert W. Baird also upgraded the stock to Buy with a $140.00 price target.

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Read More on FSLR:

• First Solar price target raised to $225 from $200 at Argus
• 3 Best Renewable Energy Stocks to Buy in May 2024, According to Analysts
• First Solar price target raised to $271 from $269 at Oppenheimer
• First Solar price target raised to $232 from $227 at Evercore ISI
• First Solar price target raised to $209 from $196 at Mizuho